Duck Creek Revenue vs. Gross Profit
| DCTDelisted Stock | USD 18.99 0.00 0.00% |
For Duck Creek profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Duck Creek to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Duck Creek Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Duck Creek's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Duck Creek Technologies over time as well as its relative position and ranking within its peers.
Duck |
Duck Creek Technologies Gross Profit vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Duck Creek's current stock value. Our valuation model uses many indicators to compare Duck Creek value to that of its competitors to determine the firm's financial worth. Duck Creek Technologies is rated below average in revenue category among its peers. It also is rated below average in gross profit category among its peers fabricating about 0.58 of Gross Profit per Revenue. The ratio of Revenue to Gross Profit for Duck Creek Technologies is roughly 1.73 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Duck Creek by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Duck Revenue vs. Competition
Duck Creek Technologies is rated below average in revenue category among its peers. Market size based on revenue of Information Technology industry is currently estimated at about 23.95 Billion. Duck Creek claims roughly 302.92 Million in revenue contributing just under 2% to equities under Information Technology industry.
Duck Gross Profit vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Duck Creek |
| = | 302.92 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Duck Creek |
| = | 174.62 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Duck Gross Profit Comparison
Duck Creek is currently under evaluation in gross profit category among its peers.
Duck Creek Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Duck Creek, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Duck Creek will eventually generate negative long term returns. The profitability progress is the general direction of Duck Creek's change in net profit over the period of time. It can combine multiple indicators of Duck Creek, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Duck Creek Technologies, Inc. provides software-as-a-service core systems to the property and casualty insurance industry in the United States and internationally. The company was founded in 2016 and is based in Boston, Massachusetts. Duck Creek operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange.
Duck Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Duck Creek. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Duck Creek position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Duck Creek's important profitability drivers and their relationship over time.
Use Duck Creek in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Duck Creek position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Duck Creek will appreciate offsetting losses from the drop in the long position's value.Duck Creek Pair Trading
Duck Creek Technologies Pair Trading Analysis
The ability to find closely correlated positions to Duck Creek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duck Creek when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Duck Creek - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Duck Creek Technologies to buy it.
The correlation of Duck Creek is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Duck Creek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duck Creek Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Duck Creek can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Duck Creek position
In addition to having Duck Creek in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hybrid Mix Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Other Consideration for investing in Duck Stock
If you are still planning to invest in Duck Creek Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Duck Creek's history and understand the potential risks before investing.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |